Ancient Greek Coins (VASSILIS PSOMAS/AFP/Getty Images) The four most expensive words in the English language are “this time it’s different.” – Sir John Templeton, Investor It’s different this time, and it’s also not different this time. It’s different this time because the credit-driven global U.S. economy is burdened with a monumental level of financial obligations
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Just months after eliminating most tax deductions for individuals, congressional lawmakers have advanced a bill that would make some fitness expenses a write-off. Gym memberships and certain other exercise costs would qualify as medical expenses for tax purposes, under legislation that cleared the House Ways and Means Committee on Thursday. The break for eligible health
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It appears even nominees to the highest court in the land aren’t immune to getting up to their eyeballs in credit card debt. Brett Kavanaugh, President Trump’s nominee to replace retiring Supreme Court Justice Anthony Kennedy, had accumulated somewhere between $60,000 and $200,000 in debt on three credit cards and one personal loan by 2016,
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Papa John’s reputation with executives in the pizza industry has deteriorated after public backlash against its founder, John Schnatter, CNBC’s Jim Cramer said Thursday. “When you talk to high-level people in the pizza industry, there are people who think this company is falling apart,” Cramer said on “Squawk on the Street.” Cramer spoke as the
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UBS is getting less bullish over Netflix shares after the stock’s stunning rally this year. The firm lowered its rating to neutral from buy for Netflix shares, citing the internet company’s high valuation. “We believe Netflix’s core competencies in both content & tech should drive a virtuous circle of greater subs and increased viewing time,
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By Donna Butts, Next Avenue Contributor  Credit: Shutterstock While Congress continues to duke it out on most issues, legislators have come together a remarkable number of times this year in support of grandparents and other relatives raising children — also known as grandfamilies. On Monday, July 9, President Trump signed into law The Supporting Grandparents Raising
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Papa John’s founder John Schnatter admitted to using the N-word during a May conference call and apologized for the comments after Forbes magazine detailed the incident in an article Wednesday. “News reports attributing the use of inappropriate and hurtful language to me during a media training session regarding race are true,” Schnatter said in a
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By Bob Carlson, Next Avenue Contributor  Credit: Shutterstock Most Americans in, or near, retirement know too little about Medicare, causing them to pay far more out-of-pocket for retirement medical care than they should and make big Medicare mistakes. Many people believe Medicare — the federal health insurance program for people 65 and older — covers
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